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    Covell Village Dr Edmond, OK 73003

    For Sale
    $1,287,000

    2.04 Acres, Build-Ready, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2.04-acre commercial property presents a rare opportunity in Edmond, Oklahoma's thriving Covell Village area. Ideally situated near established businesses such as Hunny Bunny Biscuit Company and Covell Village Office Park, this E-2 zoned lot offers unparalleled visibility and accessibility. The flat, build-ready land boasts existing water, electric, and sewer infrastructure, significantly reducing development costs and timelines. Its prime location ensures high traffic volume, benefiting from proximity to popular destinations including Uptown Grocery, Garage Burgers, Pepperoni Grill, Crossings Community Church, Mitch Park, and Liv Medical Spa. The property's strategic placement near Lowe's further enhances its appeal and accessibility. Given the limited availability of commercial land in this highly sought-after area, this property represents a unique investment opportunity with diverse development potential. The flat terrain and existing utilities make it an ideal site for a variety of commercial ventures, capitalizing on the strong local economy and high consumer traffic. Don't miss this chance to secure a prominent location in Edmond's vibrant commercial landscape. The asking price is $1,287,000.

    Property Features for Covell Village Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    88,862 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.49612
    Latitude
    35.67695

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    FAQs

    What type of property is this?
    Commercial real estate - 2.04 Acres, Build-Ready, High Traffic
    Where is this commercial real estate located?
    The property is located at Covell Village Dr Edmond, OK.
    What is the asking price?
    The asking price for this property is $1,287,000.
    (405) 200-0822
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    Covell Village Dr Edmond, OK 73003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Covell Village Dr Edmond, OK 73003
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